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Exela breaks; Electrical Components, DMT, Ryman changes emerge; Novolex accelerated
By Sara Rosenberg
New York, June 20 – Exela Intermediate LLC increased the size of its term loan B and then the debt made its way into the secondary market on Wednesday with levels quoted well above its issue price.
In more happenings, Electrical Components International Inc. revised sizes, pricing and original issue discounts on its first-and second-lien term loans, and DMT Solutions Global Corp. downsized its term loan, widened the spread and issue price, sweetened the call protection and made a number of documentation changes.
Also, Ryman Hospitality Properties Inc. (RHP Hotel Properties LP) removed the pricing step-down from its term loan, and Novolex (Flex Acquisition Co. Inc.) moved up the commitment deadline on its incremental term loan.
Culligan Holding Inc., AmWINS Group LLC and Clean Harbors Inc. released price talk with launch, and Evoqua Water Technologies (EWT Holding III Corp.) and BWAY Holding Co. joined this week’s primary calendar.
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